On 28 November 2011, the Government announced that it was satisfied with the collective agreement of that date reached by the labor unions and is thus moving forward with the plans announced on 14 October 2011. The measures mentioned in the government's press release include: -   the reduction of the corporate income tax rate to 24.5% (currently 26%) The law proposal regarding these measures is scheduled to be given to the parliament on 29 November 2011.